NASDAQ · Semiconductors

IPG Photonics Corporation (IPGP) Stock

$71.07 +2.39% NASDAQ: IPGP Technology

Valuation

MetricValue
Price$71.07
Market Cap$3.02B
P/E Ratio128.05
P/B Ratio1.68
P/S Ratio3.35
EPS (TTM)$0.73
52-Week High$155.82
52-Week Low$69.41
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE1.30%
ROA1.14%
ROCE0.36%
Gross Margin37.56%
Operating Margin0.34%
Net Margin2.58%
Debt/Equity0.01
Current Ratio6.08

Annual Financials (USD)

Metric20212022202320242025
Revenue$1.5B$1.4B$1.3B$977.0M$1.0B
Operating Profit$368.0M$170.0M$232.0M$-208.0M$13.0M
Net Profit$278.0M$110.0M$219.0M$-182.0M$31.0M
EPS$5.16$2.16$4.63$-4.09$0.73
Op Margin25.2%11.9%18.0%-21.3%1.3%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$3.2B$2.7B$2.7B$2.3B$2.4B
Total Liabilities$423.0M$358.0M$284.0M$265.0M$296.0M
Cash$709.0M$698.0M$515.0M$620.0M$404.0M
Borrowings$58.0M$38.0M$18.0M$18.0M$17.0M

Latest News

IPGP: Raising target price to $112.00 Argus Research · Jul 15, 2026 Is IPG Photonics (IPGP) A Bargain Or A Value Trap Following Its Recent Run Up? Simply Wall St. · Jul 13, 2026 1 Cash-Burning Stock on Our Buy List and 2 We Avoid StockStory · Jul 13, 2026 IPG Photonics (IPGP) Stock Looks Undervalued But The Broader Checks Disagree Simply Wall St. · Jul 13, 2026 These 5 Optical Chip Stocks Are Cashing in on AI Data Center Bandwidth 24/7 Wall St. · Jul 12, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$390.0M$213.0M$296.0M$248.0M$75.0M
Investing Cash Flow$-539.0M$187.0M$-348.0M$110.0M$-344.0M
Financing Cash Flow$-121.0M$-496.0M$-220.0M$-340.0M$-53.0M
Net Cash Flow$-169.0M$-11.0M$-184.0M$105.0M$-216.0M
Free Cash Flow$267.0M$103.0M$186.0M$149.0M$-3.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.99
EV / EBITDA26.10
FCF Yield0.58%
Quick Ratio4.80
Interest Coverage—
Return 1Y35.17%
Return 3Y-23.05%
Return 5Y-52.66%

Ownership

Insiders Held39.60%
Institutions Held71.95%
Institutions Float Held119.12%
Institutional HolderSharesReport Date
First Eagle Investment Management, LLC4,593,3492026-03-31
Blackrock Inc.2,713,3412026-03-31
Dimensional Fund Advisors LP1,701,2692026-03-31
Vanguard Portfolio Management LLC1,639,9912026-03-31
Lazard Asset Management LLC1,374,4602026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
COHRCoherent Corp. $209.29 +0.71% 67.17 $41.22B 0.00%
LASRnLIGHT, Inc. $36.34 +0.66% -162.78 $2.10B 0.00%
LITELumentum Holdings Inc. $756.17 +0.48% -10.45 $68.50B 0.00%
LPTHLightPath Technologies, Inc. $7.29 +3.85% -27.28 $510.56M 0.00%
NOVTNovanta Inc. $140.80 +3.03% 93.88 $5.32B 0.00%

About IPG Photonics Corporation

IPG Photonics Corporation (IPGP) stock trades at $71.07 with a market capitalization of $3.02B. The stock is valued at a price-to-earnings (P/E) ratio of 128.05, price-to-book of 1.68, price-to-sales of 3.35. Over the past 52 weeks the stock has ranged between $69.41 and $155.82, and currently trades 54.4% below its 52-week high.

On profitability, IPG Photonics Corporation generates a return on equity (ROE) of 1.30%, return on capital employed of 0.36%, an operating margin of 0.34%, a net profit margin of 2.58%.

IPG Photonics Corporation by the numbers, 2016–2025

Between 2016 and 2025 IPG Photonics Corporation reported revenue of $1.0B rising to $1.0B, a change of -0.2% across 10 years. Compounded, revenue has grown -3.5% a year over five years, -11.1% over three, 2.8% over the last twelve months. Net profit fell to $31.0M.

Operating margin went from 36.2% in 2016 to 1.3% in 2025, a fall of 34.9 percentage points. The most recent net margin is 2.58%. On a trailing twelve-month basis to Jun '26, revenue is $1.1B and net profit $27.0M.

Borrowings fell from $41.0M to $17.0M, cash from operations was $75.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 3.3% over five years, and was 1.5% in the most recent year.

The share price itself has compounded at -10.4% a year over five years, -4.1% over three, 80.5% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

IPG Photonics Corporation (IPGP) — frequently asked questions

What is IPG Photonics Corporation (IPGP) stock price today?

IPG Photonics Corporation (IPGP) is currently trading at $71.07, up 2.39% today.

What is IPGP P/E ratio?

IPG Photonics Corporation's P/E ratio is 128.05. This is above the typical market average of roughly 18-22x. A high P/E often reflects higher expected earnings growth, a temporary dip in earnings, or both.

What is IPGP return on equity (ROE)?

IPG Photonics Corporation's return on equity (ROE) is 1.30%. ROE measures net income relative to shareholders' equity. This is below the typical market range of roughly 12-15%.

What is IPG Photonics Corporation's market cap?

IPG Photonics Corporation has a market capitalization of $3.02B.

Does IPGP pay a dividend?

IPG Photonics Corporation is not currently showing a dividend yield in our data, which means no recent cash dividend was recorded for it.

How much debt does IPGP carry?

IPG Photonics Corporation has a debt-to-equity ratio of 0.01. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is IPGP's profit margin?

IPG Photonics Corporation reports a net profit margin of 2.58% — the share of revenue left after every cost, including tax and interest.

What sector is IPGP in?

IPG Photonics Corporation is classified under Technology, in the Semiconductors industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is IPGP listed on?

IPG Photonics Corporation trades on NASDAQ under the ticker IPGP.

What is IPGP's 52-week range?

Over the last year IPG Photonics Corporation has traded between $69.41 and $155.82.

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Screens IPGP currently matches

On the figures above, IPG Photonics Corporation passes the filters for 10 of our ready-made screens, among them Low Debt Stocks, NASDAQ Style Tech Screen, Debt Free Stocks Under $100. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

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Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.